Macro Strategy Views: Now the hard part - crisis to extend but not escalate

Today, we discuss why restrictions in Europe are likely to remain in place for many months but why the bar for broad lockdowns similar to those in the spring is high. We also discuss why fiscal and monetary policy are set to remain stimulative for a long time and how policymakers will have to factor inequality and crisis persistence into their reactions. Global Head of FI&C Research Thomas Harr chairs today’s podcast and he is joined by Chief Economist Denmark Las Olsen.